BRITS POS – BRITS - The price of unleaded 93 petrol increased by 119% over the last four years, with similar increases for unleaded 95 petrol and diesel.
These significant fuel price increases have caused tremendous pain to South African motorists already struggling with high interest rates and rising food prices.
An analysis by BusinessTech revealed that the price for unleaded 93 petrol increased from R11.51 per litre in May 2020 to R25.15 in May 2024.
The price of unleaded 95 petrol increased from R12.22 in May 2020 to R25.49 in May 2024, while diesel increased from R11.19 per litre to R22.24 over the same period.
This means South Africans pay over 100% more for fuel now than they did four years ago.
